Amendment in Import Policy Condition of Synthetic Knitted Fabrics Covered under Chapter 60 of the ITC (HS), 2022

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[To be published in the Gazette of India Extraordinary Part-II, Section-3, Sub-Section (ii)]

Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan Notification No. 05 /2025-26 New Delhi, Dated: 23 April, 2025

Subject: Amendment in Import Policy Condition of Synthetic Knitted Fabrics Covered under Chapter 60 of the ITC (HS), 2022-reg.

S.0.: In exercise of powers conferred by Section 3 and Section 5 of Foreign Trade (Development & Regulation) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy (FTP), 2023, as amended from time to time, had imposed MIP vide Notification No. 77/2023 dated 16.03.2024, No. 33/2024-25 dated 01.10.2024 and No. 49/2024-25 dated 04.01.2025. It has been decided by the Central Government to impose the condition of Minimum Import Price (MIP) on the following 04 ITC (HS) codes of Synthetic Knitted Fabrics till 31.03.2026 as under:

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o impose the condition of Minimum Import Price (MIP) on the following 04 ITC (HS) codes of Synthetic Knitted Fabrics till 31.03.2026 as under:

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||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|ITC(HS)|Item|Description|Import|Policy|condition|
|Code|Policy|
|60019200|||Other|:|-- Of man-|Restricted|{However,|import|is|‘Free’|if CIF|value|is|
|60053600|made fibres|3.5 US Dollar and above|per Kilogram|
||- Of synthetic|fibres|:|||Restricted||However,|import|is|‘Free’|if CIF|value|is|
|-|Other,|unbleached|3.5|US|Dollar and|above|per Kilogram|
|or|bleached|
|60053790||---|Other|Restricted||However,|import|is|‘Free’|if CIF|value|is|
|60053900|3.5 US Dollar and above per Kilogram|
|||Of synthetic|fibres|:|||Restricted||However,|import|is|‘Free’|if CIF|value|is|
|--|Other,|printed|3.5|US|Dollar and|above|per Kilogram|

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per Kilogram| |||Of synthetic|fibres|:|||Restricted||However,|import|is|‘Free’|if CIF|value|is| |--|Other,|printed|3.5|US|Dollar and|above|per Kilogram|

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Ly MIP condition on above items shall not be applicable for imports by Advance Authorisation holders, Export Oriented Units (EOUs) and units in the SEZ subject to the condition that the imported inputs are not sold into Domestic Tariff Area (DTA). Effect _of the Notification: Import of Synthetic Knitted Fabrics under ITC (HS) Codes 60019200, 60053600, 60053790 and 60053900, is “Restricted”, However, import is “Free” if CIF value is 3.5 US Dollar and above per Kilogram. Further inputs imported by Advance Authorisation holders, Export Oriented Units (EOUs) and units in the SEZ shall be exempted from MIP condition. 

This is issued with the approval of Minister of Commerce & Industry. 

Director General of Foreign Trade & Ex- officio Addl. Secretary to the Government of India E-mail: dgft@nic.in 

(Issued from F.No. 01/89/180/Misc-39/AM-05/PCJ/E **-** 1425)2[A